Unlocking Tax Certainty and Labour Flexibility

• Resolving disputes: Retrospective/ Clarificatory amendment
• Taxation on Buy back of shares
• Non-allowability of interest deduction against dividend income
• Rationalization of MAT provisions
• Transfer Pricing Amendments
• Amendments for Attracting Global Business and Investment
• Rationalization of penalty and prosecution proceedings
• Amendments to Updated Return
• Key TDS and TCS amendments

11:30 AM 

to 1:00 PM

• Customs Act proposed amendments, including extension of validity for Advance Rulings, fishing activities in international waters
• Crucial customs rate changes on various goods – Sector wise, marine, leather, textile, electronics, pharmaceuticals 
• Overview of recent FTAs – India-EU, India-EFTA, India-UK
• Amendments relating to post-sale discounts and credit notes
• Refunds under inverted duty structure – Grant of provisional refund
• Intermediary services – Export or not?

• Introduction to Labour Codes
• Effective date & status of the Rules
• Wage restructuring in line with the statutory definition of “wages”
• Potential cost implications and high impact areas on account of social security obligations and provisioning towards gratuity and leave encashment
• Scope and Applicability of Section 124 of the Social Security Code, 2020
• Action items for the Employers